Options for Implementing a Leadership Change
University of Phoenix LDR 531
July 19, 2010
Abstract
Throughout evolution, changes are inevitable as we are creatures of adaptation and changes. As according to dictionary.com, Evolution is the change in the inherited traits of a population of organisms through successive generations (Wikipedia, 2010). Thus, in a business sense, organizations must also progress to keep up with the demands of the economic evolution. Organizational changes require influential and effective leadership to insure the newly developed vision’s triumph. In our case scenario, Gene One is an organization in the process of planning and implementing changes as they are evolved from a $4 million biotech company to a $400 million organization (Gene One, 2010). Gene One’s popularity is for its breakthrough technology in eliminating crop disease. Since the late Chief Executive Officer (CEO) passed away, his siblings among other stakeholders are to decide and stage the strategies to overcome internal and external issues for a successful IPO within the next three years. As a team, we will scrutinize each remaining leaders of Gene One and provide a plan of action for a successful end-vision.
Options for Implementing a Leadership Change
It is important that changes be considered on a regular basis, as it is relevant for our existence and continuation in the competitive industry. “Change the way things are done in order to survive” (Yukl, 2006, p. 284). Yukl continued to indicate that leading change is one of the most important and difficult leadership responsibilities a leader may encounter. As siblings of the late Ron Ruiz, we are to decide Gene One’s new leadership, successful IPO, as well as the future new biotechnology products. Firstly, I will address the issues brought forth from the previous Leadership Team discussions. Secondly, I will convey the insights from my siblings in regards to the current and future leadership. Lastly, I...